Budget Management: Oversee project budgets by tracking expenses, reviewing invoices, and ensuring adherence to financial regulations.
Financial Reporting: Prepare and present financial reports and analyses for stakeholders, emphasizing key financial metrics and variances.
Collaboration: Work closely with project managers and team members to develop and monitor project budgets, ensuring timely and accurate financial information.
Proposal Support: Assist in creating project proposals, including budget estimates and financial justifications.
Cost Monitoring: Track and manage project costs, identify opportunities for cost savings, and recommend appropriate actions.
Billing and Invoicing: Ensure accurate and timely billing and invoicing to clients or funding agencies, adhering to project-specific guidelines.
Fund Allocation: Coordinate with project teams to ensure the proper allocation and utilization of project funds.
Auditing and Reconciliation: Conduct regular audits and financial reconciliations to ensure compliance with project guidelines and regulations.
Financial Guidance: Provide financial support and address any financial-related queries or concerns from project teams.
Industry Compliance: Stay informed about industry trends and regulations related to project accounting and implement necessary changes to ensure compliance.
Desired Candidate Profile:
Education: Bachelor’s degree in Accounting, Finance, or a related field; CMA qualification preferred.
Experience: 5-10 years of experience in project accounting or a similar role, with a preference for experience in the construction or engineering industries.
Knowledge: Strong understanding of project accounting principles and financial regulations.
Skills: Ability to work under pressure, meet tight deadlines, and manage multiple tasks efficiently.